Why Big Crypto Firms Like ShapeShift & ConsenSys Laid Off Many Employees

This week, a major crypto exchange ShapeShift was forced to lay off 30 percent of the company’s workforce, letting go 37 employees. In a letter to the company and to the users on the platform, ShapeShift founder and CEO Erik Voorhees said that the crypto winter had left the firm with no other viable choice The post Why Big Crypto Firms Like ShapeShift & ConsenSys Laid Off Many Employees appeared first on CCN

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Cryptocurrency Exchange Kraken Adds Bitcoin Cash and Ripple Margin Trading

Kraken has added Bitcoin Cash (BCH) and Ripple (XRP) to Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Augur (REP), Monero (XMR), and Tether (USDT) bringing its margin trading offering to a total of eight cryptocurrencies. Margin trading of all eight will be available on all of Kraken’s platforms. The latter site boasts an improved user The post Cryptocurrency Exchange Kraken Adds Bitcoin Cash and Ripple Margin Trading appeared first on CCN

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Major Bitcoin Exchanges Accused of Faking Volume: Who’s Trustworthy?

A blockchain data research firm has released a damning report which accuses several major cryptocurrency exchanges of engaging in unscrupulous activities aimed at faking bitcoin trading volumes. According to the Blockchain Transparency Institute (BTI), only three cryptocurrency exchanges of the dozens surveyed  — namely Binance, Bitfinex, and Liquid — were found not to be “grossly The post Major Bitcoin Exchanges Accused of Faking Volume: Who’s Trustworthy? appeared first on CCN

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Coinbase Pro Adds Another Four Ethereum Tokens Including DAI

In a slew of additions and developments, and not unexpectedly, Coinbase has added four more Ethereum tokens. Dai (DAI), Golem (GNT), Maker (MKR), and Zilliqa (ZIL) will be added to the Coinbase Professional platform but with some regional restrictions. GNT and DAI will be available in the US, but not New York, in the UK, The post Coinbase Pro Adds Another Four Ethereum Tokens Including DAI appeared first on CCN

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Coinbase Exec. Unpacks the Industry Giant’s About-Face on Crypto Listings

Coinbase Vice President Dan Romero has given reasons behind the platform’s recent announcement that it is exploring support for dozens of new cryptocurrency assets, arguably in contrast to its long-cautious approach to supporting individual crypto tokens. Speaking recently to Linda Shin on an episode of the Unchained podcast, he delved into the factors that predicated The post Coinbase Exec. Unpacks the Industry Giant’s About-Face on Crypto Listings appeared first on CCN

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Romanian Bitcoin Exchange CEO Helped Launder Stolen Funds: Report

According to a Cluj, Romania-based newspaper, the case of bitcoin exchange executive Vlad Nistor is much deeper than the simple illegal operation of a cryptocurrency firm. Their most recent report on the case speaks to some much more serious allegations as to the behavior of Vlad Nistor. More Details Emerge in Bitcoin Exchange CoinFlux CEO’s The post Romanian Bitcoin Exchange CEO Helped Launder Stolen Funds: Report appeared first on CCN

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Stablecoin Wars: Bitfinex Adopts ‘Neutral’ Stance & Lists Major Tether Compeitors

Users of crypto exchange Bitfinex and its associated token-trading platform Ethfinex now have a total of six stablecoin options for trading on either platform. Bitfinex Opens Platform to Tether Competitors As Bitfinex writes, for years the only major option in stablecoins was Tether (USDT), and for quite a while Bitfinex was the only way to The post Stablecoin Wars: Bitfinex Adopts ‘Neutral’ Stance & Lists Major Tether Compeitors appeared first on CCN

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Crypto Giant OKEx Deslists Several Trading Pairs

Today brought news of OKEx exchange delisting several additional trading pairs. This is the third time OKEx has delisted a group of assets. OKEx Delisting In an announcement today on their website support page, OKEx stated the delisting of thirty-eight different cryptocurrency trading pairs. OKEx directed the announcement toward its customers, explaining the delisting of multiple The post Crypto Giant OKEx Deslists Several Trading Pairs appeared first on CCN

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